Modi Changes Course on Land Acquisition

TODAY: Aug. 31, 2015 PUB DATE: Aug. 31, 2015

NEW DELHI?India's prime minister on Sunday said he would not renew a contentious executive order aimed at making it easier for the state to acquire land for infrastructure and industry?confirming a significant reversal on a measure his administration had touted ...

Australian Company Profits Fall, Led by Financial Sector

TODAY: Aug. 31, 2015 PUB DATE: Aug. 31, 2015

By Vera Sprothen SYDNEY--Australian company gross operating profits fell by 1.9% to a seasonally adjusted A$62.8 billion in the second quarter from the first, the Australian Bureau of Statistics said Monday. Company profits also fell, by 3.9%, from the second ...

China Service Trade Deficit Widens to $17.6 Billion in July

TODAY: Aug. 31, 2015 PUB DATE: Aug. 31, 2015

BEIJING--China recorded a service trade deficit of $17.6 billion in July, up from $14.9 billion in June, official data showed Monday. For the first seven months of the year, the country saw a service trade deficit of $109.2 billion, the ...

France to Finance Tax Cuts With Cost Savings -- Update

TODAY: Aug. 31, 2015 PUB DATE: Aug. 31, 2015

By Inti Landauro PARIS--French Finance Minister Michel Sapin said the French government can find EUR2 billion ($2.2 billion) worth of savings in 2016 to pay for tax cuts for households without sacrificing its commitment to reduce the budget deficit. "You ...

Asian Shares Start Lower

TODAY: Aug. 31, 2015 PUB DATE: Aug. 31, 2015

Asian markets are struggling to shake off a global selloff, despite a bounce in China shares at the end of last week. The Nikkei Stock Average traded down 1.1%, Australia's S&P;/ASX 200 was down 1.3% and South Korea's Kospi lost ...

Swiss KOF Indicator Increases in August, Beating Expectations

TODAY: Aug. 31, 2015 PUB DATE: Aug. 31, 2015

By Neil MacLucas ZURICH--Switzerland's KOF leading economic indicator rose in August on signs that the Alpine country's manufacturers are coming to terms with the negative effects of a stronger Swiss franc. The index gained 0.3 points to 100.7 in August ...

China Shanghai Rubber Futures Closing Prices, Volume

TODAY: Aug. 31, 2015 PUB DATE: Aug. 31, 2015

Monday, August 31 2015 Natural Rubber Turnover: 521,694 lots Open High Low Settle Prev. Change Vol Open Settle Interest Sep-15 10,260 10,310 10,065 10,185 10,340 -155 5,710 17,896 Oct-15 10,295 10,480 10,210 10,335 10,445 -110 214 820 Nov-15 10,415 10,525 ...

Dollar Lower Against Yen, Euro Amid Asia Stock Markets Slump

TODAY: Aug. 31, 2015 PUB DATE: Aug. 31, 2015

By Hiroyuki Kachi TOKYO--The dollar was lower against the yen and the euro in Asian trade Monday, with weakness in Asian stock markets again prompting flights to the perceived safety of the Japanese and eurozone currencies. Around 0450 GMT, the ...

Markets End Turbulent Month Lower

TODAY: Aug. 31, 2015 PUB DATE: Aug. 31, 2015

By Christopher Whittall Global stock markets headed lower at the end of a turbulent month that was dominated by concerns over China and the timing of the U.S. Federal Reserve's future interest rate rise. The pan-European Stoxx Europe 600 index ...

Ageas to Sell Hong Kong Life Insurance Business

TODAY: Aug. 31, 2015 PUB DATE: Aug. 31, 2015

BRUSSELS?Belgian insurance company Ageas said Sunday it will sell its Hong Kong Life insurance business to Chinese asset-management firm JD Capital for ?1.23 billion ($1.4 billion). Ageas said it expects to complete the sale in the first half of 2016 ...

France to Finance Tax Cuts With Cost Savings

TODAY: Aug. 31, 2015 PUB DATE: Aug. 31, 2015

By Inti Landauro PARIS--French Finance Minister Michel Sapin said the French government can find EUR2 billion ($2.2 billion) worth of savings in 2016 to pay for tax cuts for households without sacrificing its commitment to reduce the budget deficit. "You ...

Thailand's Economic Conditions Remain Weak in July

TODAY: Aug. 31, 2015 PUB DATE: Aug. 31, 2015

Nopparat Chaichalearmmongkol BANGKOK--Thailand's economic condition remained weak in July, with most key indicators registering declines due to weak external and domestic demand. The Bank of Thailand reported Monday that the private consumption index dropped 2.1% from a year earlier in ...

Lawyer's Offstage Acts Threaten Record Pact

TODAY: Aug. 31, 2015 PUB DATE: Aug. 31, 2015

(FROM THE WALL STREET JOURNAL 8/31/15) By Robin Sidel Keila Ravelo, an immigrant who became a successful New York antitrust lawyer, wasn't shy about celebrating her achievements. The 49-year-old drove a Bentley Continental "Flying Spur" sedan and favored Hermes handbags. ...

VW Is Told to Shed Suzuki Stake

TODAY: Aug. 31, 2015 PUB DATE: Aug. 31, 2015

TOKYO?An international court has ordered Volkswagen AG to sell its nearly 20% stake in Suzuki Motor Corp., allowing the Japanese auto maker to extricate itself from the tie-up after a four-year struggle. The decision, by the London Court of International ...

China Places Cap on Local Government Debt

TODAY: Aug. 31, 2015 PUB DATE: Aug. 31, 2015

BEIJING?Chinese lawmakers have placed a 16 trillion yuan ($2.5 trillion) cap on local government debt as Beijing looks for ways to address one of the major impediments to the world's second-largest economy. The Standing Committee of China's National People's Congress ...

German Retail Sales Grow Adjusted 1.4% on Month in July

TODAY: Aug. 31, 2015 PUB DATE: Aug. 31, 2015

By Todd Buell FRANKFURT--German retail sales grew on month in July, rebounding from a decline in June, signaling that consumers in Europe's largest economy started the third quarter on firm footing, adjusted data from the country's statistics office, Destatis, showed ...

Oil Prices Down With Markets Off to Shaky Start

TODAY: Aug. 31, 2015 PUB DATE: Aug. 31, 2015

By Eric Yep Oil prices fell in Asian trade Monday, reversing some of the gains made late last week amid concerns the latest rally in the oil and commodities markets would be difficult to sustain. Investors are bracing for another ...

Singapore July Bank Loans S$610.40 Billion Vs S$606.84 Billion in June

TODAY: Aug. 31, 2015 PUB DATE: Aug. 31, 2015

By Gaurav Raghuvanshi SINGAPORE--The Monetary Authority of Singapore Monday released the following provisional bank lending data for July: July Year Earlier June Total S$610.40 Bln S$597.44 Bln S$606.84 Bln Housing/Bridge S$181.62 Bln S$172.59 Bln S$180.34 Bln Professionals & Private Individuals ...